Rants, Recipes and Ramblings

US Budget in Balance in 2000? Really?!

So tired of the lie that the US Budget was in balance in 2000 and on it’s way to paying off the debt if it had not been for George Bush the Terrible.

Guess Tim Geithner in addition to being unable to use Turbo Tax can’t check his own Treasury Department’s website to make sure his Boss’s Teleprompter does not make Obama tell a lie.

Pray tell. Which of these Clinton Era Budgets ends in surplus and in what year does the trend line for the Debt start to head down?

National Debt Deficit
FY1993 09/30/1993 $4.411488 trillion
FY1994 09/30/1994 $4.692749 trillion $281.26 billion
FY1995 09/29/1995 $4.973982 trillion $281.23 billion
FY1996 09/30/1996 $5.224810 trillion $250.83 billion
FY1997 09/30/1997 $5.413146 trillion $188.34 billion
FY1998 09/30/1998 $5.526193 trillion $113.05 billion
FY1999 09/30/1999 $5.656270 trillion $130.08 billion
FY2000 09/29/2000 $5.674178 trillion $17.91 billion
FY2001 09/28/2001 $5.807463 trillion $133.29 billion

Verifying this is as simple as accessing the U.S. Treasury.  Considering the government’s fiscal year ends on the last day of September each year, and considering Clinton’s budget proposal in 1993 took effect in October 1993 and concluded September 1994 (FY1994), here’s the national debt at the end of each year of Clinton Budgets:

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